December 3, 2009
There was an interesting article in the Wall Street Journal recently about the economist Arthur Cecil Pigou (1837-1959). The article describes Mr. Pigou as an economist âwhose intellectual legacy is being rediscovered, and, unlike those of Messrs. Keynes and Friedman, it enjoys bipartisan appeal.â This bipartisan appeal may be a reflection of the fact that [...]
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November 5, 2009
We watch the movie "Wall Street" as part of my M&A class.  Recently, we came to the scene where Gordon Gekko proclaims that greed is good: The point is, ladies and gentleman, that greed, for lack of a better word, is good. Greed is right, greed works. Greed clarifies, cuts through, and captures the [...]
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